Dot Ai, a pioneer in asset intelligence technology, has officially entered the public market following the completion of its business combination with ShoulderUp Technology Acquisition Corp. (NYSE: SUAC). Starting today, Dot Ai’s Class A common stock and warrants begin trading on the Nasdaq Stock Market under the symbols “DAIC” and “DAICW.”
As part of the transaction, Dot Ai successfully secured $12 million in PIPE (private investment in public equity) funding. The capital will drive its expansion strategy, including R&D advancements, go-to-market initiatives, and growth of its Puerto Rico-based manufacturing hub.
“This marks a transformative milestone for Dot Ai as we scale our AI-powered solutions to revolutionize supply chain operations,” said Ed Nabrotzky, Co-founder and CEO of Dot Ai. He emphasized the company’s momentum, pointing to upcoming product launches and its strategic alliance with Würth Industry USA.
Phyllis Newhouse, CEO of ShoulderUp, praised Dot Ai’s innovation, calling it “a company that’s not just solving problems—it’s shaping the future.”
New Board of Directors Announced
Following the merger, Dot Ai announced the formation of its new board, including:
- Phyllis Newhouse – Serial entrepreneur and founder of Xtreme Solutions, Athena SPAC, and ShoulderUp.
- Holly Grey – CFO at Exabeam, with decades of experience leading finance teams in high-growth tech companies.
- Joanna Burkey – Former CISO at HP Inc., noted for her leadership in cybersecurity and risk management.
- Jeff Saling – Executive Director of StartUpNV and seasoned SaaS entrepreneur.
- Dr. Sheldon Paul – Veteran OB-GYN and early investor in Dot Ai with diverse entrep reneurial ventures.
- Dr. David Carlson – Chief Medical Officer at Virginia Mason Franciscan Health, with an extensive background in healthcare leadership.
- Ed Nabrotzky – CEO of Dot Ai and a key driver behind the company’s asset intelligence solutions.
Additional board members are expected to be announced soon.
Dot Ai’s public debut signifies a bold step in its journey to transform how industries manage assets, data, and supply chain performance through its proprietary AI-driven technologies.
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News Source: Businesswire.com